Bankwell Financial Group, Inc. (BWFG)
| Market Cap | 316.85M |
| Revenue (ttm) | 81.75M |
| Net Income (ttm) | 20.57M |
| Shares Out | 7.69M |
| EPS (ttm) | 2.64 |
| PE Ratio | 15.58 |
| Forward PE | 9.03 |
| Dividend | $0.80 (1.94%) |
| Ex-Dividend Date | Aug 11, 2025 |
| Volume | 22,726 |
| Open | 41.19 |
| Previous Close | 40.74 |
| Day's Range | 41.19 - 41.19 |
| 52-Week Range | 25.40 - 41.46 |
| Beta | 0.69 |
| Analysts | Buy |
| Price Target | 42.00 (+1.97%) |
| Earnings Date | Jul 28, 2025 |
About BWFG
Bankwell Financial Group, Inc. operates as the bank holding company for Bankwell Bank that provides various banking services for individual and commercial customers. It offers various traditional depository products, including checking, savings, money market, and certificates of deposit. The company also provides first mortgage loans secured by one-to-four family owner occupied residential properties for personal use; home equity loans and home equity lines of credit secured by owner occupied one-to-four family residential properties; loans sec... [Read more]
Financial Performance
In 2024, Bankwell Financial Group's revenue was $64.38 million, a decrease of -34.60% compared to the previous year's $98.44 million. Earnings were $9.53 million, a decrease of -73.32%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for BWFG stock is "Buy." The 12-month stock price target is $42.0, which is an increase of 1.97% from the latest price.
News
Bankwell Financial Group's Improving Margins Tell A Story
Bankwell Financial Group is improving net interest margin and profitability by reducing high-cost brokered deposits and resetting time deposits at lower rates. The bank is cleaning up its loan portfol...
Bankwell Financial Group, Inc. (BWFG) Q2 2025 Earnings Call Transcript
Bankwell Financial Group, Inc. (NASDAQ:BWFG) Q2 2025 Earnings Conference Call July 28, 2025 11:00 AM ET Company Participants Christopher R. Gruseke - CEO & Director Courtney E.
Bankwell Financial Group Reports Operating Results for the Second Quarter, Declares Third Quarter Dividend
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $9.1 million, or $1.15 per share for the second quarter of 2025, versus $6.9 million, or $...
Bankwell Financial Group, Inc. Announces Date of Second Quarter Earnings Conference Call
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG), the holding company for Bankwell Bank, today announced that it will issue its earnings release for the quarter ended ...
Bankwell Financial Poised To Grow In Commercial Banking
Bankwell's Financial Group is a regional bank holding company with all bank branches located in Connecticut. As of March 31, 2025, Bankwell reported $3.2 billion in total assets. BWFG's focus on comme...
Bankwell Financial Group, Inc. (BWFG) Q1 2025 Earnings Call Transcript
Bankwell Financial Group, Inc. (NASDAQ:BWFG) Q1 2025 Earnings Conference Call April 24, 2025 10:00 AM ET Company Participants Courtney Sacchetti - Chief Financial Officer Chris Gruseke - Chief Execut...
Bankwell Financial Group Reports Operating Results for the First Quarter, Declares Second Quarter Dividend
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $6.9 million, or $0.87 per share for the first quarter of 2025, versus $3.0 million, or $0...
Bankwell Financial Group, Inc. Announces Date of First Quarter Earnings Conference Call
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG), the holding company for Bankwell Bank, today announced that it will issue its earnings release for the quarter ended ...
Bankwell Appoints Brian Merritt as Chief Technology Officer
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG), the parent company of Bankwell Bank, has announced the appointment of Brian Merritt as Chief Technology Officer. Mr. ...
Bankwell Financial Group, Inc. (BWFG) Q4 2024 Earnings Call Transcript
Bankwell Financial Group, Inc. (NASDAQ:BWFG) Q4 2024 Earnings Call Transcript January 23, 2025 10:00 AM ET Company Participants Chris Gruseke - President and Chief Executive Officer Courtney Sacchett...
Bankwell Financial Group Reports Operating Results for the Fourth Quarter, Declares First Quarter Dividend
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $2.5 million, or $0.32 per share for the fourth quarter of 2024, versus $1.9 million, or $...
Bankwell Financial Group, Inc. Announces Date of Fourth Quarter Earnings Conference Call
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG), the holding company for Bankwell Bank, today announced that it will issue its earnings release for the quarter ended ...
Bankwell Financial Group Director, Lawrence B. Seidman, Approved to Increase Position in Company
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG), the parent company of Bankwell Bank, has announced board approval of a measure that will allow individual shareholder...
Bankwell Financial Group, Inc. (BWFG) Q3 2024 Earnings Call Transcript
Bankwell Financial Group, Inc. (NASDAQ:BWFG) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Courtney Sacchetti - CFO Chris Gruseke - President & CEO Matt McNeill -...
Bankwell Financial Group Reports Operating Results for the Third Quarter, Declares Fourth Quarter Dividend, and Announces Share Repurchase Plan
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG), a leading commercial bank with a growing digital focus, reported GAAP net income of $1.9 million, or $0.24 per share ...
Bankwell Financial Group, Inc. Announces Date of Third Quarter Earnings Conference Call
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG), the holding company for Bankwell Bank, today announced that it will issue its earnings release for the quarter ended ...
Bankwell Hires Head of SBA Lending
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG), the parent company of Bankwell Bank, has announced the appointment of Michael Johnston as Senior Vice President in th...
Bankwell Financial Group Reports Operating Results for the Second Quarter and Declares Third Quarter Dividend
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $1.1 million, or $0.14 per share for the second quarter of 2024, versus $8.0 million, or $...
Kevin Leitão Elected to the Board of Directors of Bankwell Financial Group, Inc. and Bankwell Bank
NEW CANAAN, Conn.--(BUSINESS WIRE)--On May 29, 2024, the Boards of Directors of Bankwell Financial Group, Inc. (the "Company") and its wholly-owned subsidiary, Bankwell Bank (together with the Company...
Bankwell Financial Group Reports Operating Results for the First Quarter and Declares Second Quarter Dividend
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $3.8 million, or $0.48 per share for the first quarter of 2024, versus $10.4 million, or $...
Bankwell Financial Group Reports Operating Results for the Fourth Quarter and Full Year 2023; Declares First Quarter Dividend
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $8.5 million, or $1.09 per share for the fourth quarter of 2023, versus $8.0 million, or $...
Bankwell Financial Group Reports Operating Results for the Third Quarter and Declares Fourth Quarter Dividend
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $9.8 million, or $1.25 per share for the third quarter of 2023, versus $9.2 million, or $1...
KBRA Releases Surveillance Report for Bankwell Financial Group, Inc.
NEW YORK--(BUSINESS WIRE)-- #KBRA--On August 2, 2023, KBRA downgraded the ratings for Bankwell Financial Group, Inc. (NASDAQ: BWFG) ("Bankwell" or "the company"), including the senior unsecured debt r...
Bankwell Hires Chief Innovation Officer
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG), parent company of Bankwell Bank, today announced that Ryan J. Hildebrand has been appointed Executive Vice President ...
These banks have high exposure to loans secured by office properties — here's how their stocks have performed
Investors are right to be worried about declining values for office buildings. We appear to be at the start of a long transition for many cities, after the COVID-19 pandemic made clear that for many t...